Defendant Name: Celadon Group, Inc. 

Defendant Type: Public Company

Document Reference: court_doc7_19-cv-01659

Document Details

Legal Case Name SEC v. Celadon Group, Inc.
Document Name Final Judgment
Document Date 01-Jul-2019
Document Format Civil Proceeding
Case Number 19-cv-01659
Federal District Court Indiana, Southern District of Indiana
Federal District Judge Richard L. Young
Allegation Type Issuer Reporting and Disclosure
Document Summary The Court stated: "Today, the court granted the SEC's Motion for Judgment on the Pleadings."

Disgorgement & Penalty Information

Resolutions
Enjoinment
Other Compliance Related Undertaking
Cooperate fully with the SEC in any and all investigations/litigation/other proceedings; produce any and all non-privileged and requested documents; use best efforts to cause employees to be interviewed by SEC
Monetary Penalties:

Disgorgement

Individual:     $7,000,000.00 Shared:    

Pre-Judgment Interest

Individual:     $541,633.70 Shared:    

Related Documents:

LR-24459 25-Apr-2019 Litigation Release
SEC Charges Truckload Freight Company with Accounting Fraud
The Commission stated that: "The Securities and Exchange Commission today charged Indianapolis-based Celadon Group Inc. with an accounting fraud that allowed the truckload freight company to avoid disclosing substantial losses and misrepresent its financial condition."
2019-60 25-Apr-2019 Press Release--Civil Action
SEC Charges Truckload Freight Company With Accounting Fraud
The Commission stated: "The Securities and Exchange Commission today charged Indianapolis-based Celadon Group Inc. with an accounting fraud that allowed the truckload freight company to avoid disclosing substantial losses and misrepresent its financial condition."
comp-pr2019-60 25-Apr-2019 Complaint
Complaint
The SEC stated: "Between June 2016 and April 2017, defendant Celadon Group, Inc. ("Celadon" or "Defendant") orchestrated a fraudulent scheme designed to avoid disclosing substantial losses. The fraud involved a series of deceptive third-party transactions and Celadon's subsequent filing of false financials for public consumption with the SEC."

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In the Matter of William Eric Meek